Expenses2u

Spend money wisely, be resourceful, work harder, continue to invest in the economy but also be conservative and seek advice from the experts.

I was wondering, what advice you can give a 27 year old professional working in sales in a consumer goods company on where I can invest my disposable income. I use my own computer in my house for online and internet purpose. Right now I am saving around 30 to 40 percent of my monthly income in the bank and I am really looking at where I can grow it for the future. I am currently based in Cavite but my company’s headquarters is in Makati City. I am planning to buy a van, house or condo unit in the near future within Metro Manila so I can stop renting out since I am originally from Cotabato or Davao.

After I saved all my money, I will buy a wireless laptop for my online and email purpose. I am also planning to build nice and beautiful commercial building. In commercial building, I will put up many computer desktops for my employees. The employees should know how to type a computer, satisfaction and update online internet.

Online is important to me because they will help me enhance my search online, email and surfing purposes. I am searching from internet for my beautiful and nice dream house designs. Not all this, I can also spend through my online credit cards or a usual payment processor or even my bank account savings. Payment processors can be used as my bank online account.

I commend you for thinking beyond ordinary savings. A real estate investment is a good option and saving up for the beautiful dream home or condominium requires a long term investment view. How much time are you giving yourself to build the nest egg necessary to acquire this real estate investment? If you are looking at a 10 year horizon, I recommend investing your money in Insular Life’s Wealth Builder. The Wealth Builder is a variable unit liked product that provides protection and allows you access to the bonds and equities market. It will depend on your appetite for risk. Stocks are grossly discounted nowadays and you may just be able to maximize your returns over a 10 year investment horizon, during which we could expect financial markets to recover and / or resume hitting peak levels